Mill Construction (East Anglia) Ltd

Mill Construction (East Anglia) Ltd Accountants' Report For the year ended 31 March 2025
Chartered Accountants' Report to the board of directors on the preparation of the unaudited statutory accounts of Mill Construction (East Anglia) Ltd for the year ended 31 March 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mill Construction (East Anglia) Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance This report is made solely to the Board of Directors of Mill Construction (East Anglia) Ltd , as a body, in accordance with the terms of our engagement letter dated 20 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of Mill Construction (East Anglia) Ltd and state those matters that we have agreed to state to the Board of Directors of Mill Construction (East Anglia) Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mill Construction (East Anglia) Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Mill Construction (East Anglia) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mill Construction (East Anglia) Ltd . You consider that Mill Construction (East Anglia) Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Mill Construction (East Anglia) Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts .................................................... Quove Accounting Ltd 3 Brickfields Business Park Old Stowmarket Road, Woolpit Bury St Edmunds IP30 9QS 23 December 2025 2

Mill Construction (East Anglia) Ltd
Accountants' Report
For the year ended 31 March 2025

Chartered Accountants' Report to the board of directors on the preparation of the unaudited statutory accounts of Mill Construction (East Anglia) Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mill Construction (East Anglia) Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of Mill Construction (East Anglia) Ltd , as a body, in accordance with the terms of our engagement letter dated 20 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of Mill Construction (East Anglia) Ltd and state those matters that we have agreed to state to the Board of Directors of Mill Construction (East Anglia) Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mill Construction (East Anglia) Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Mill Construction (East Anglia) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Mill Construction (East Anglia) Ltd . You consider that Mill Construction (East Anglia) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Mill Construction (East Anglia) Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts

....................................................
Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
23 December 2025

Registered Number: 04013698 Mill Construction (East Anglia) Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	39,528	52,839
		39,528	52,839
Current assets
Stocks	4	1,235,298	960,298
Debtors	5	19,152	174,774
Cash at bank and in hand		64,704	77,536
		1,319,154	1,212,608
Creditors: amount falling due within one year	6	(1,279,346)	(1,108,396)
Net current assets		39,808	104,212

Total assets less current liabilities		79,336	157,051
Creditors: amount falling due after more than one year	7	(18,836)	(35,840)
Provisions for liabilities	8	(7,510)	(10,035)
Net assets		52,990	111,176

Capital and reserves
Called up share capital		110	110
Profit and loss account		52,880	111,066
Shareholders' funds		52,990	111,176

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 23 December 2025 and were signed by:

-------------------------------
David Roy Fairs
Director

Mill Construction (East Anglia) Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Mill Construction (East Anglia) Ltd is a private company, limited by shares, registered in England and Wales, registration number 04013698, registration address Woodheyes, Purdis Avenue, Ipswich, Suffolk, IP3 8UE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Tools and equipment etc	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 7 (2024 : 7).

Tangible fixed assets

Cost or valuation	Tools and equipment etc	Motor Vehicles	Total
	£	£	£
At 01 April 2024	46,981	133,653	180,634
Additions	519	-	519
Disposals	-	(15,700)	(15,700)
At 31 March 2025	47,500	117,953	165,453
Depreciation
At 01 April 2024	32,396	95,399	127,795
Charge for year	3,652	9,375	13,027
On disposals	-	(14,897)	(14,897)
At 31 March 2025	36,048	89,877	125,925
Net book values
Closing balance as at 31 March 2025	11,452	28,076	39,528
Opening balance as at 01 April 2024	14,585	38,254	52,839

Stocks

	2025 £		2024 £
Stocks	1,235,298		960,298
	1,235,298		960,298

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	13,890	164,969
Prepayments & Accrued Income	5,262	9,805
	19,152	174,774

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	17,183	88,230
Bank Loans & Overdrafts (Secured)	10,000	10,000
Corporation Tax	5,873	186
PAYE & Social Security	5,746	9,619
Accrued Expenses	8,073	7,572
Obligations under HP/Financial Leases	6,170	5,596
Other creditors	642,742	642,819
Directors' Current Accounts	550,136	297,349
VAT	33,423	47,025
	1,279,346	1,108,396

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts (secured)	5,833	16,667
Obligations Under HP/Financial Leases	13,003	19,173
	18,836	35,840

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	7,510		10,035
	7,510		10,035

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2025 £		2024 £		2025 £		2024 £
David Fairs	-		-		(550,136)		(297,349)


Registered Number: 04013698
England and Wales
Unaudited Financial Statements

for the year ended 31 March 2025
for
MILL CONSTRUCTION (EAST ANGLIA) LTD